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Hialeah Florida Median Home Price Stats - updated 07/05/09
Average Listing Price
$192,015 + - Up $1,763 - / + 0.9% w-o-w
Week ending June 24

Median Sale Price
$132,000 - Down $119,250 - / -47.5% y-o-y

The median sales price for homes in  Hialeah FL was $132,000 down $119,250 or 47.5%.  There are 3288
Pre-Foreclosures and 843 Bank Owned Properties in the Hialeah market place as per RealtyTrac.com.

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Hialeah Florida Market History
Hialeah is a city in Miami-Dade County, Florida, United States. Hialeah is part of the Miami metropolitan area and the
Greater South Florida metropolitan area and is the fifth largest city in the state of Florida.

In the early "Roaring 20’s", Hialeah produced significant entertainment contributions. Sporting included the Spanish
sport of jai-alai and greyhound racing, and media included silent movies like D.W. Griffith’s The White Rose which
was made at the Miami Movie Studios located in Hialeah, but the 1926 Miami Hurricane brought many of these things
to an end

In the years since its incorporation in 1925, many historical events and people have been linked with Hialeah. The
opening of the Hialeah Park Race Track in 1925 (which was nicknamed the "Grand Dame") as a horse track received
more coverage in the Miami media than any other sporting event in the history of Miami up to that time and since then
there have been countless horse racing histories played out at the world famous 220-acre (0.89 km2) park.[5] It was
considered one of the most grand of thoroughbred horse racing parks with its majestic Mediterranean style
architecture and was considered the Jewel of Hialeah at the time.

From a population of 1,500 in 1925, Hialeah has grown at a rate faster than most of the ten largest cities in the State
of Florida since the 1960’s and holds the rank of Florida’s fifth-largest city, with more than 236,000 residents. The city
is also one of the largest employers in Dade County.